first in, first out

English - Turkish

Definition of first in, first out in English Turkish dictionary

Related Terms

first in first out

ilk giren ilk çıkar

first in first out

(Askeri) (FIFO) İLK GİRENE İLK ÇIKIŞ KAİDESİ: Depoya önce giren mala önce çıkış lüzumu tanıyan envanter usulü

English - English

Definition of first in, first out in English English dictionary

fifo

(Ticaret) (FIFO) A usage rule in accounting and other systems (job queues) that assumes the first or oldest item placed into inventory is also the first one used. In periods of rising prices, it has the effect of charging increases to the next or subsequent periods instead of the current period

Related Terms

first in first out

A method of inventory accounting that values items withdrawn from inventory at the cost of the oldest item assumed to remain in inventory

first in first out

A policy of serving first what has arrived for service first

first in first out

inventory accounting in which the oldest items (those first acquired) are assumed to be the first sold

first in first out

whoever enters before the others finishes before them; method of evaluating the worth of stock